Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Down 66.2% in May

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 113,366 shares, a decrease of 66.2% from the April 30th total of 335,110 shares. Currently, 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,523,685 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of Mobile-health Network Solutions to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Mobile-health Network Solutions presently has a consensus rating of “Sell”.

Mobile-health Network Solutions Trading Up 0.8%

Shares of MNDR traded up $0.01 during mid-day trading on Friday, reaching $0.78. The company’s stock had a trading volume of 113,347 shares, compared to its average volume of 5,910,861. Mobile-health Network Solutions has a 52 week low of $0.66 and a 52 week high of $7.95. The company’s fifty day moving average price is $0.91 and its two-hundred day moving average price is $1.16.

Mobile-health Network Solutions shares are set to reverse split on the morning of Monday, June 22nd. The 1-6 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, June 21st.

Mobile-health Network Solutions (NASDAQ:MNDR) last announced its quarterly earnings data on Thursday, March 12th. The company reported ($0.26) earnings per share (EPS) for the quarter. The firm had revenue of $1.97 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP acquired a new position in Mobile-health Network Solutions (NASDAQ:MNDR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned approximately 3.35% of Mobile-health Network Solutions at the end of the most recent quarter.

Mobile-health Network Solutions Company Profile

Mobile-health Network Solutions, an investment holding company, provides telehealth solutions in Singapore. The company operates in two segments, Telemedicine and Other Services, and Sale of Medicine and Medical Devices. It offers MaNaDr platform, a 360-degree healthcare ecosystem, which connects users and service providers through the range of healthcare services and product offerings that can be accessed through the mobile application and website. The company also provides a range of primary healthcare services, including general medical consultations, treatment and management of acute and chronic conditions in adults and children, vaccinations, and health screenings for work permit applications, as well as pre-employment health screening, children's health services, geriatric care services, and minor surgical procedures.